Contributions
1,533 recent contributions in Hansard
HANSARDEconomic GrowthThe points the noble Lord makes are perfectly fair. Obviously, the Chancellor has to balance at any fiscal event the importance of fiscal responsibility and sustainability and the…16 Sept 2025HANSARDEconomic GrowthMy Lords, UK GDP grew by 0.2% in the three months to July 2025, following an increase of 0.3% in the three months to June. Overall, the economy grew by 1% in the first half of…16 Sept 2025HANSARDEconomic GrowthThe answer to the first of the noble Baroness’s questions is no. As for the second question, she says she is interested in growth but let us look at just one measure that we are…16 Sept 2025HANSARDPension Funds: Use of UK-listed Investment CompaniesI am grateful to the noble Baroness for her question and her broad support for the Government’s agenda. This is an area where, aside from the specific issue that she raises in her…09 Sept 2025HANSARDPension Funds: Use of UK-listed Investment CompaniesI am afraid I do not know the specific answer to the noble Lord’s question. I will happily write to him to clarify.09 Sept 2025HANSARDPension Funds: Use of UK-listed Investment CompaniesMy Lords, the Government recognise the considerable value that UK-listed investment companies bring to the UK, making up 30% of the FTSE 250 and providing crucial funding to…09 Sept 2025HANSARDPension Funds: Use of UK-listed Investment CompaniesOur entire agenda is built around encouraging exactly what the noble Lord states. He mentioned inheritance tax. I want to clarify that pensions, and the considerable tax reliefs…09 Sept 2025HANSARDPension Funds: Use of UK-listed Investment CompaniesI am grateful to my noble friend for his thoughts on that matter. I do not necessarily agree with him about private equity’s role in pension funds. It has an extremely important…09 Sept 2025HANSARDPension Funds: Use of UK-listed Investment CompaniesI am grateful to the noble Baroness for her question. I take this opportunity to pay tribute to her expertise and the consistency of her campaigning in this area. I fully…09 Sept 2025HANSARDPension Funds: Use of UK-listed Investment CompaniesI am grateful to the noble Baroness and pay tribute to her for her expertise in this matter and her continued campaigning. As I have said before, the Mansion House accord is an…09 Sept 2025HANSARDGilt YieldsMy noble friend says it much better than I can. I agree wholeheartedly with what he says. Of course it is important that we grow the green economy, but we must also make sure that…02 Sept 2025HANSARDGilt YieldsMy noble friend is obviously right to draw attention to the previous Government’s disastrous economic policies. He knows that, as I have said, the Government do not comment on…02 Sept 2025HANSARDGilt YieldsI am grateful to the noble Lord for his question. There was a lot there; let me see if I can cover some of that. He is absolutely right to draw attention to the fact that, as the…02 Sept 2025HANSARDGilt YieldsI am not sure I entirely follow my noble friend’s question. What I will say is that current global market volatility underlines the centrality of our fiscal rules. We have fiscal…02 Sept 2025HANSARDGilt YieldsAs I have said before, the Government do not comment on specific financial market movements.02 Sept 2025HANSARDGilt YieldsI disagree with the noble Lord’s interpretation of this Government’s strategy. We have a very clear strategy to grow the economy and maintain fiscal stability. It is incredibly…02 Sept 2025HANSARDGilt YieldsI am grateful to the noble Baroness for her question. As I have said, recent gilt yields have risen in line with global peers, mainly driven by global factors. Recent gilt market…02 Sept 2025HANSARDGilt YieldsI am grateful to the noble Lord for his question. I am happy to reconfirm that; our commitment to the fiscal rules is non-negotiable. The Government have a clear plan in place to…02 Sept 2025HANSARDGilt YieldsAs the noble Baroness knows, the Government do not comment on specific financial market movements, but it is very clear that we have created space for the Bank of England to cut…02 Sept 2025HANSARDGilt YieldsI am grateful to the noble Baroness for her question. As she will know, recent gilt yield movements have risen in line with global peers, mainly driven by global factors. The…02 Sept 2025